DuPont Has the Seeds for Earnings Growth

Acquisitions may be on hold to minimize distraction during a cost-cutting program.

DuPont (DD: NYSE) By Credit Suisse ($64.95, July 22, 2014)

We remain Neutral-rated on DuPont as we regard the risk/reward as fair. That said, we continue to monitor the macro as an acceleration in conditions could further magnify the operating leverage/cost cuts and deliver higher-than-expected earnings growth.